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they will come up with a deficit reduction plan of some kind. they totally failed and so they came up with this sequestration which is essentially, let's decide what all of us hate the most and put that in the deal so we force some sort of rational agreement. well, the irrational mutual assured destruction is what we now have in law where we are cutting defense, we are cutting things like biomedical research with an ax. it makes absolutely no sense, no person who thought about these things would agree with it but that's where we are. >> one thing i think the president has been unable to do is lead these two groups together. because you can't constantly sit there and watch everybody fighting. what about all the people hanging in the balance? >> i asked the president about this. he says he blames the republicans and so forth. >> they blame him. >> there's blame to go around. there's no question. but, this is so important. this is like fighting a war. you need bipartisan approach and fighting the war is painful and expensive and doing these things
they will come up with a deficit reduction plan of some kind. they totally failed and so they came up with this sequestration which is essentially, let's decide what all of us hate the most and put that in the deal so we force some sort of rational agreement. well, the irrational mutual assured destruction is what we now have in law where we are cutting defense, we are cutting things like biomedical research with an ax. it makes absolutely no sense, no person who thought about these things...
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they talk to robin nation's debt and deficit. let's hear what mitt romney had to say. [video clip] >> the approach is similar to bowles-simpson. bowles-simpson said to lower the rate to make it possible for small businesses to grow, but we will also limit exemptions. they put up different alternatives. i am open to the ideas they put out in bowles-simpson, that kind of approach. host: mitt romney open to bowles-simpson. guest: anytime you have a blue ribbon commission, especially if it is dealing with massive rearrangement of how the government spends money, it will be a tricky sort of thing for a politician before an election. host: is it a dangerous issue when trying to garner tea party support? guest: i think it is savvy on his part. the bowles-simpson commission was a blue panel. president obama called together. they came up with a lot of hard decisions nobody liked. then he dismissed it and went on his way. i think it could be tricky. i think it is savvy in one respect. mitt romney is running on the idea he will make tough decisions, that he is not going to skip o
they talk to robin nation's debt and deficit. let's hear what mitt romney had to say. [video clip] >> the approach is similar to bowles-simpson. bowles-simpson said to lower the rate to make it possible for small businesses to grow, but we will also limit exemptions. they put up different alternatives. i am open to the ideas they put out in bowles-simpson, that kind of approach. host: mitt romney open to bowles-simpson. guest: anytime you have a blue ribbon commission, especially if it is...
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you know, just allowed these deficits to go on through a trillion dollars a year. i happen to think that by far the most dangerous thing in terms of the immediate future is to allow those tax rates go up. i agree with yo by the way, the congressional budget office, if we let those tax rates go up, starting on january 1, higher capital gins, dividends, business taxes, estate taxes go up, too, if, if you believe it back to tumble into a double dip recession. and that would be extremely painful. i don't think the spending cuts are that big of a problem, really. i actually think it is about time that we start cutting these programs across the board. >> actually agree with you on that car. first of all, you and i know that customs is a misnomer here. having said that, how o they avoid this, and what can they do? >> i do not believe that this fiscal cliff will happen. i think members of both parties are going to blink and turn the sequester off. neil: you and i know that that was their backbone. their own plan is a mockery of the market and they will paint on that. >> yo
you know, just allowed these deficits to go on through a trillion dollars a year. i happen to think that by far the most dangerous thing in terms of the immediate future is to allow those tax rates go up. i agree with yo by the way, the congressional budget office, if we let those tax rates go up, starting on january 1, higher capital gins, dividends, business taxes, estate taxes go up, too, if, if you believe it back to tumble into a double dip recession. and that would be extremely painful. i...
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taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work out the details in the same way ronald reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent people how do you pay for it and you refuse to say how you will pay for it? >> we will pay for it by eliminating deductions and loopholes and making sure for the middle class that protecting the home mortgage deduction and other important deductions for them but at the high end you would eliminate deductions and a lot of special interest loopholes that would allow you you to bring down the rate 20%. six different studies said this is -- >> chris: those studies are questionable. some of them are blogged. some from the aei which is hardly an independent group. >> these are credible sources and -- >> chris: on
taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work out the details in the same way ronald reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent...
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stewart a week or so ago you saw big bill repeatedly trying to use me as the poster child for the federal deficit. >>> we have a president here who believes in social justice, alright. he wants to take your money, my money, the money of the one percent. and he wants to give it -- >> he even came armed with a flash card. >> -- bill moyers. there he is. bill gets it. here's what's ridiculous -- >> i wish i had a poster. >> -- $16 trillion debt and we got to pay for bill moyers? let him compete on his own!" >> nice work, o'reilly. and thanks for the attention. but if you had grown up watching sesame street, you'd know your alphabet by now. and you would know npr is not pbs. i'm on television, just like you. well, not exactly like you. you reside in an alternate reality, where the truth is as elusive as a moonbeam and facts as alien as little green men with bug eyes. your flash card even had it wrong. npr doesn't pay me. i don't work for national public radio, never have. this weekly series is on public television stations but we don't get any money from pbs, either. we raise the funds ourselves, as
stewart a week or so ago you saw big bill repeatedly trying to use me as the poster child for the federal deficit. >>> we have a president here who believes in social justice, alright. he wants to take your money, my money, the money of the one percent. and he wants to give it -- >> he even came armed with a flash card. >> -- bill moyers. there he is. bill gets it. here's what's ridiculous -- >> i wish i had a poster. >> -- $16 trillion debt and we got to pay...
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not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on him and he has not fully answered it. and again, if the math is wrong, i think you need more specifics about what deductions he would remove to show that the math adds up with what he wants to do. >> this tuesday, the contenders square off, 7:00 p.m. eastern time is when our coverage begins and the debate will be moderated by cnn's candy crowley. >>> because of its questionable voter registration tactics in florida, here's cnn's joe johns. >> he's a veteran gop operative who just doesn't seem to go away. just a few weeks ago a wave of bad publicity hit -- disavowed by the
not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on...
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look what you said about cutting the deficit in half. >>gregg: thank you, gentleman, our campaign insiders every monday at 10 a.m., thank you, gentleman. >>heather: and october is anti-bullying month. and kids are spreading their message of hope. ♪ kids do things that are not very smart ♪ >> we will meet a special group of young performers when we come back. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic
look what you said about cutting the deficit in half. >>gregg: thank you, gentleman, our campaign insiders every monday at 10 a.m., thank you, gentleman. >>heather: and october is anti-bullying month. and kids are spreading their message of hope. ♪ kids do things that are not very smart ♪ >> we will meet a special group of young performers when we come back. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support,...
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doesn't have a majority in flanders and that's of course is a big problem it's a problem of democratic deficit and this means this government doesn't have a real democratic legitimacy in flounders voted for camp something completely different that we are getting now with this federal government and friends is an economic economically socially power for a prosperous region we have we are already we have a flemish nation we have a french people you have to know that belgium is an artificial country it's really two separate countries already within belgium and we see a completely different political consensus on the federation around the world. flanders would be perfectly able to have to have an independent state and be a member of the you know european union turkey has now space syrian civilian flights a caring a symbol and by damascus it's after turkey intercepted a syrian passenger plane last wednesday claiming it was carrying russian made munitions for government forces moscow says or the cargo was only electronic equipment for rita stations and all of it the. reports. they pointed their guns
doesn't have a majority in flanders and that's of course is a big problem it's a problem of democratic deficit and this means this government doesn't have a real democratic legitimacy in flounders voted for camp something completely different that we are getting now with this federal government and friends is an economic economically socially power for a prosperous region we have we are already we have a flemish nation we have a french people you have to know that belgium is an artificial...
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that means the deficit would rise by $6.7 trillion. it's a good first step, but budget experts say that's still too high. mitt romney, meanwhile, has focused on the cuts. his economic plan, 55% of it cap spending at 20% gdp but his plan avoid cutting from defense. mitt romney says he would approve a balanced budget plan that only spends as much as it takes in, and he would also pursue entitlement reform. mitt romney's issues are taxes. romney's plan called for a 20% tax cut across the board. he said he would balance the loopholes and he said he would take care of the middle class family. but it's impossible to lower rates without taking money from low and middle income families. his plan would leave debt at 85% gdp by the end of the decade. we've been telling you also about the fiscal cliff. budget cuts will take place at the beginning of next year unless congress acts. president obama or president romney will need to worry about a rescisicessionrecession. they won't need to worry about a deficit. it would fall this year if we fell off
that means the deficit would rise by $6.7 trillion. it's a good first step, but budget experts say that's still too high. mitt romney, meanwhile, has focused on the cuts. his economic plan, 55% of it cap spending at 20% gdp but his plan avoid cutting from defense. mitt romney says he would approve a balanced budget plan that only spends as much as it takes in, and he would also pursue entitlement reform. mitt romney's issues are taxes. romney's plan called for a 20% tax cut across the board. he...
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he was able to get a $3 billion deficit, convert it into a $2 billion surplus. all of that with working with democrats. so i think you look at scrutinize his successful record as governor and compare it to president obama's failed policies. where his, the economy is still stagnant. where we're not seeing enough jobs being created. and really, i would go with governor romney. >> let's move on here to the message on the stump. we don't have a lot of time today. governor romney made no mention of his much-touted 20% tax cut at his campaign rally in yoi head. t let's talk about it on the other side. >> you paid 14% in federal taxes. that's the capital gains rate. is that fair to the guy who makes $50,000 and paid a higher rate than you did? you think it is fair? >> yeah i think it's the right way to encourage economic growth. >> it's a simple ad, is the ad encouraging the campaign to take the issue off the table. >> a simple ad that they seem to have cut out certain parts of the interview. as you know the ad is misleading. what we do know is that governor romney's e
he was able to get a $3 billion deficit, convert it into a $2 billion surplus. all of that with working with democrats. so i think you look at scrutinize his successful record as governor and compare it to president obama's failed policies. where his, the economy is still stagnant. where we're not seeing enough jobs being created. and really, i would go with governor romney. >> let's move on here to the message on the stump. we don't have a lot of time today. governor romney made no...
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our annual deficit under a trillion so if you want to cut -- that's 147,000 cuts and we can't do it at once. that discourages me and part of the problem in washington, we can't cut pennies, much less the billions that have to be cut. >> you have a new book. >> called government bullies and we look at different ways people are being imprisoned in america for regulatory crime. we're not talking about murder, rape, stealing. we're talking about people who put dirt on their own property. these are wetland violations. some of these came out of the first george bush, unfortunately, and we think that you shouldn't be putting people in jail for regulatory crime. in the old days, when you put people in jail there was a difference between criminal law and tort law in criminal law you were supposed to have what was called mens rea or intent. you intended to kill somebody. if you accidentally hit someone on your bicycle, that wasn't murder. there's a man in jail from southern mississippi for ten years, without parole, for putting clean fill dirt on a low area of his land. sometimes it's removing d
our annual deficit under a trillion so if you want to cut -- that's 147,000 cuts and we can't do it at once. that discourages me and part of the problem in washington, we can't cut pennies, much less the billions that have to be cut. >> you have a new book. >> called government bullies and we look at different ways people are being imprisoned in america for regulatory crime. we're not talking about murder, rape, stealing. we're talking about people who put dirt on their own...
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be walking away from the negotiations that we've been engaged in here at the white house for a big deficit reduction and debt reduction package. >> narrator: bipartisanship was long buried. now there was open antagonism. >> when that collapsed and when that ended up in that terribly muddy compromise that nobody liked, i think that was the turn. i think at that point he and everybody around him decided, "this isn't working and we're not going to work this way." >> and the american people i think are fed up with political posturing and an inability for politicians to take responsible action as opposed to dodge their responsibilities. >> we've seen his approval ratings on the economy dip... >> narrator: three and half years after he came to washington on a promise of change... >> obama is under 50% approval rating... >> narrator: ... barack obama returned to the campaign trail himself changed. >> a difficult road ahead for the president... >> i think you see today a president obama with a thicker skin, more jaundiced eyes, has grown more skeptical, even cynical perhaps, about washington. >> n
be walking away from the negotiations that we've been engaged in here at the white house for a big deficit reduction and debt reduction package. >> narrator: bipartisanship was long buried. now there was open antagonism. >> when that collapsed and when that ended up in that terribly muddy compromise that nobody liked, i think that was the turn. i think at that point he and everybody around him decided, "this isn't working and we're not going to work this way." >> and...
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this week, that deficit is $1.1 trillion and it happened on his watch. he has to answer for that. >> david, we have now had two debates with the vice president and president where mitt romney and his running mate have said that they will not put new revenue on the table. one thing that might have come out in the debate between romney and obama was that mitt romney stood by his raising of the hand where he said he wouldn't take 10 cuts for one new measure of revenue. paul ryan said the exact same thing. >> well, that is a fact. they are not willing to raise rev view as far as we know except for broadening the base, dealing with some elimination of deductions, but nobody wants to cross that rubicon of raising new revenue. >> but there's a difference between raising revenue and raising taxes, isn't there? john f. kennedy cut taxes and raised revenue because of a growing economy. the word that democrats don't seem to understand is growth. which is what the country is looking for, growth in jobs. two very different philosophies. it's like a house. and i think
this week, that deficit is $1.1 trillion and it happened on his watch. he has to answer for that. >> david, we have now had two debates with the vice president and president where mitt romney and his running mate have said that they will not put new revenue on the table. one thing that might have come out in the debate between romney and obama was that mitt romney stood by his raising of the hand where he said he wouldn't take 10 cuts for one new measure of revenue. paul ryan said the...
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second, work on the deficit. third is tax reform and fourth is an immigration policy that makes sense. the reason i know these are good policies is because governor romney adopted three policies on the stage of the debate in the last debate. so i'm looking forward to the debate on tuesday night to see wh mitt romney we get. >> will you say president obama in the first debate, he didn't do a great job of establishing his policies in the first one. >> alex, i thought it was a tie. i understand most americans didn't think it was a tie and they thought president obama did not win the debate. i thought it was a tie. i think the president needs to get out there and be clear. and i agree with his analysis on the path of 270. >> you guys will end as being friends. that's nice. >> i'm trying to help it have governor out. >> i'm sure he appreciated it. >>> office politics morning joe style. a prediction on how this election might turn out from the hosts. many of my patients still clean their dentures with toothpaste. but t
second, work on the deficit. third is tax reform and fourth is an immigration policy that makes sense. the reason i know these are good policies is because governor romney adopted three policies on the stage of the debate in the last debate. so i'm looking forward to the debate on tuesday night to see wh mitt romney we get. >> will you say president obama in the first debate, he didn't do a great job of establishing his policies in the first one. >> alex, i thought it was a tie. i...
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which is where is the economy going, where are we with jobs, and what's happening next on the debt and deficit issue. >> we got mixed signals from the obama campaign that the president intends to be more aggressive this time around. we know it's a town hall format where the candidate will be taking questions from undecided voters but also with a moderator in place. how well does that play in an audience and with real live average citizen voters? i mean, there has to be a balance in the tone, i would imagine, for how aggressive you can be in that kind of setting. >> yeah. i think both the town hall format creates limits to how tough one can be with the other, but i also think that, you know, obama's running a very fine edge here. i think joe can, quote, be joe, whatever that means in the vice-presidential debate. i thought he was obnoxious. i thought he was caustic. i thought he was abrasive, but he can get away with it in a way that obama can't. i think that if there's anything that people liked or believed in back in '08 with obama, it was that he was sort of fair-minded, and so i think that
which is where is the economy going, where are we with jobs, and what's happening next on the debt and deficit issue. >> we got mixed signals from the obama campaign that the president intends to be more aggressive this time around. we know it's a town hall format where the candidate will be taking questions from undecided voters but also with a moderator in place. how well does that play in an audience and with real live average citizen voters? i mean, there has to be a balance in the...
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is rather than being one on the last debate so tied up in numbers and in the weeds as far as tax and deficits. i don't think the public understood what they were saying but paying attention to how they were saying it. this debate they could be asked about immigration, gay marriage and a whole variety of issue that is could take a different attack. >> maybe, but he has to push forward and have answers for those things. obama is ready for the last debate now. he is to forge ahead like the mayor says and make obama react to the new issues. >> what does the president have to do? >> he has to show he has the skills and ability to engage in an interchange with a person who is really pressing and pressing hard anatases do so in a presidential way, not just the new theory way. >> what was lacking you thought in his presidential prep performance last time? >> energy, knowledge, interest -- he looked board bored completely. he looked indifferent. he didn't respond to the missed allegations made by mr. romney. he has to be able to do all of that in a setting while at the same time maintaining his superi
is rather than being one on the last debate so tied up in numbers and in the weeds as far as tax and deficits. i don't think the public understood what they were saying but paying attention to how they were saying it. this debate they could be asked about immigration, gay marriage and a whole variety of issue that is could take a different attack. >> maybe, but he has to push forward and have answers for those things. obama is ready for the last debate now. he is to forge ahead like the...
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he should be angry these people have the gall to talk to him about the deficit, the gall to talk to him about foreign policy. chris: one more time, before you get back to this, it seems to me biden did a couple of things on thursday night this week. one, he opened up this abortion debate. maybe it was a good question by martha raddatz. maybe it was too broad, but they narrowed it in a second. they both gave elm passioned arguments. but the one by ryan said if i get a shot i'm going to outlaw abortion, i'm going to ban it, and biden said now we live in a society where we're telling everybody else how to live by law. does he charge at romney, who's been dodge-balling this issue for weeks now? >> sure. abortion is one of those issues where it's harder to make us sort of tack to the center. you're on one side or you're on the other side. to some extent one of the things i noticed is that no social issues came up at all and it worked to romney's advantage, because he was able to make this rhetorical shift and moderate a lot of his -- chris: single women going to him in those days afterwards.
he should be angry these people have the gall to talk to him about the deficit, the gall to talk to him about foreign policy. chris: one more time, before you get back to this, it seems to me biden did a couple of things on thursday night this week. one, he opened up this abortion debate. maybe it was a good question by martha raddatz. maybe it was too broad, but they narrowed it in a second. they both gave elm passioned arguments. but the one by ryan said if i get a shot i'm going to outlaw...
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it does not pay for 10% of the deficit spending increases. lower tax rates across the board and close loopholes. we have three bottom lines. do not raise the deficit, do not raise taxes on the middle class, do not lower the share that is borne by the high income earners. it has been discredited by six other studies and even their own deputy campaign manager acknowledged that it was not correct. >> let's talk about this. you have refused to offer specifics on how you would pay for that 20% across the board. do you actually have the specifics or are you still working on it? >> different than this administration, we want to have a big bipartisan agreement. >> do you have the specifics? >> look at what ronald reagan and tip o'neill did. we raise about $1.20 trillion through income taxes. we forgo about $1.10 trillion in loopholes and deductions. deny those loopholes and deductions to higher income tax payers. so we can lower tax rates across the board. >> i hope i am going to get time to respond. >> we want to work with congress on how best to ac
it does not pay for 10% of the deficit spending increases. lower tax rates across the board and close loopholes. we have three bottom lines. do not raise the deficit, do not raise taxes on the middle class, do not lower the share that is borne by the high income earners. it has been discredited by six other studies and even their own deputy campaign manager acknowledged that it was not correct. >> let's talk about this. you have refused to offer specifics on how you would pay for that 20%...
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you made them. >> no, we did not. >> it was not a spending caused deficit. it was a war caused and tax cut caused deficit. >> not such a high def sit as we have now. they were not cuts in marginal tack rates. they were giving back money to people in terms of programs -- >> not stimulative. >> look, everyone knew that we were in a recession, everyone knew it was terrible. part of why barack obama got elected. it didn't how much money they were getting back. people were still scared. people were not going to spend their money. you can't blame that on a president and say look he was the boogeyman. people will hold on to their money tight. >> absolutely. we see in our new -- the new numbers out of the consumer confidence is that consumer confidence is you. we may be in a place where we're starting to move out of it. we've gotten the consumer confidence index moving up. there's a big truth fight going on all week. what really happened in libya? i want to talk a bit about that next. [ female announcer ] most whitening strips promise full whitening results in two w
you made them. >> no, we did not. >> it was not a spending caused deficit. it was a war caused and tax cut caused deficit. >> not such a high def sit as we have now. they were not cuts in marginal tack rates. they were giving back money to people in terms of programs -- >> not stimulative. >> look, everyone knew that we were in a recession, everyone knew it was terrible. part of why barack obama got elected. it didn't how much money they were getting back. people...
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the share of taxes paid by upper income iners and give tax relief to the middle class and it will be deficit neutral and you can do all of those things and have people understand that that election was about this and we need this kind of pro-growth tax reform agenda. and, then work out the details in the same way, ronald reagan did with tip o'neill and working across the aisle. the governor has a proven record of being able to work across this aisle. >> chris: there are a lot of question from independent people, how do you pay for it and you refuse say. >> what we have said is we are going to pay for it by limiting deductions in the polls -- and, by the way, making sure for the middle class, that protecting the home mortgage deduction and other important deductions for them and at the high end you would eliminate deductions and, you know, a lot of special interest loopholes that would allow you to bring down the rate 20%, six studies... >> chris: those are questionable, some of them are blogs and some from the aei... an independent group. >> these are credible sources, and, you know... >> ch
the share of taxes paid by upper income iners and give tax relief to the middle class and it will be deficit neutral and you can do all of those things and have people understand that that election was about this and we need this kind of pro-growth tax reform agenda. and, then work out the details in the same way, ronald reagan did with tip o'neill and working across the aisle. the governor has a proven record of being able to work across this aisle. >> chris: there are a lot of question...
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this messe. when we switched to fios, we got better tv, better phone better internet. [ male announcer ] it's time to get more for our money. upgrade to verizon fi internet, tv anand phone with our best price online: just $84.99 a month, guaranteed for one year with no annual contract. internet is absolutely imperative for school nowadays. look up this, write an essay on that. my life is greatly improved because of fios. [ male announcer ] don't wait! switch to fios for a super-low $84.99 a month for a year with no annual contract. visit verizon.com/superoffer. contact the verizon center for customers with disabilities welcome to life on fios. at 800-974-6006 tty/v. this year,
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this messe. when we switched to fios, we got better tv, better phone better internet. [ male announcer ] it's time to get more...
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Oct 14, 2012
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. >> the four deficits are the four large zest u.s. history. he is adding as much debt -- >> the debt held by the public having increased by about 79% by upon. so when obama came to office, there was an officially projected deficit of $1.2 trillion. so he's not on the took for all of that. >> so, some good advice -- >> they blame to take the factual high ground and then go on to distort some of the facts. in our experience, any time a political campaign tells you they're giving you the facts, you're probably about to be bamboozled. >> special interest groups are spending big bucks trying to sway voters. it would pave the way for a casey know in prince georges county. that's on base to exceed candidate spending in the past two governor's races combined. there has also been big spending for question six that would uphold a state law. groups supporting and opposing that law have spend more than $4 million -- >> a coalition of religion groups are set to call on metro. the coalition that includes representatives from christian, jewish and muslim gro
. >> the four deficits are the four large zest u.s. history. he is adding as much debt -- >> the debt held by the public having increased by about 79% by upon. so when obama came to office, there was an officially projected deficit of $1.2 trillion. so he's not on the took for all of that. >> so, some good advice -- >> they blame to take the factual high ground and then go on to distort some of the facts. in our experience, any time a political campaign tells you they're...
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Oct 14, 2012
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that deficit increased to $44.2 billion in august. an increase of 4.1% from july. it could be a sign that a global slow down is decreasing the demand for american foods around the world. >>> two retail giants are going head to head. wal-mart announcing it will start same-day shipping of its products for a flat fee of $10. a direct shot at amazon.com. wal-mart shares jumped on the news, soaring to an all-time high while amazon fell. >>> earnings season is upon us. what will it tell us about the economy and what it means for your portfolio? joining me is joe lavorgna. he is the chief economist at deutsche bank. good to see you. >> same here. >> we are heading to the sweet spot of the earnings season. it looks like so far the consumer is holding up. global companies are facing weakness in china and europe. what are your expectations for the season? >> bill, i think q3 will be soft, as advertised. however, i think, bill, it will be temporary. i think a lot of the earnings weakness reflects concerns about europe which effectively bled through the summer months and was a
that deficit increased to $44.2 billion in august. an increase of 4.1% from july. it could be a sign that a global slow down is decreasing the demand for american foods around the world. >>> two retail giants are going head to head. wal-mart announcing it will start same-day shipping of its products for a flat fee of $10. a direct shot at amazon.com. wal-mart shares jumped on the news, soaring to an all-time high while amazon fell. >>> earnings season is upon us. what will it...
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. . >>> we are checking out three movies in this week's buzz binn. kevin mccarthy is excited about all three. one is a horror flick that has left him shaken. and as he tells us, another is an historical event, another that became declassified. >>> joining us to talk about all things movies, kevin mccarthy. >> it's a great movie week, every movie is interesting. >> let's start off talking about ben affleck and his movie, "argo." >> what a story. this story took place in 1980. it wasn't declassified until bill clinton in 1997. the fact they had to keep this secret for 27 years, obviously this takes place based on a true story at the height of the iranian revolution.
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. . >>> we are checking out three movies in this week's buzz binn. kevin mccarthy is excited about all...
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Oct 14, 2012
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washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. none other than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is john browne he believes they do not deserve the award. we also have the opposing view. richard, i will read the review of the european union for over six decades continue to the event apiece and reconciliation and human-rights in europe. why do you think they chose the e.u.? >> first, you and i are young but if you look back 70 years they only had the balkans war. europe has been saved and pay it -- peaceful. is a little aspiration all. that the european union do more. >> should you have the economies that were also? >> piece was insured by nato and the deterrent combined with the united kingdom
washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. none other than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is...
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. >> my suspicion is this is true on the deficit. people toll pollsters are worried about the deficit. it's a stand in for, you know, a bad economy or moral degrade asian or whatever it is. i refuse to think many people are showing up on tuesday. >> a lot of times pollsters ask, do you feel strongly about that or not strongly? the problem is they don't know what to do with it. what they do is combine the not strong and the strong and treat them as though they are equal degrees. now, it is a very difficult, i think philosophical opinion or approach or problem to try to differentiate an opinion that matters versus top of the mind. one of the ways we did it, we said, if you supported the bailout, we say how upset would you be if we hadn't supported it, not very upset. >> that's a good question. >> it's a way to find out your opinion is not one you want to represent because you didn't care. >> we should say there's one place or places in which longitudinal studies are measured. gay marriage, for instance. we have a long data set on peopl
. >> my suspicion is this is true on the deficit. people toll pollsters are worried about the deficit. it's a stand in for, you know, a bad economy or moral degrade asian or whatever it is. i refuse to think many people are showing up on tuesday. >> a lot of times pollsters ask, do you feel strongly about that or not strongly? the problem is they don't know what to do with it. what they do is combine the not strong and the strong and treat them as though they are equal degrees. now,...
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. >> he said but by the end of his first term he would cuff the deficit in half. >> oh! >> and, yet, he still has not put a single credible plan on the table on how to deal with the debt crisis. >> oh, god, i'm sorry. martha, with all due respect, this is a bunch of mularke wr. >> a bunch of bulaey. >> what does that mean? >> ah, it's irish. >> irish is i come over and smack that dumb look off your face. >> pretty funny stuff. the vice presidential debate gave us plenty to talk about and certainly plenty to make fun of, but that was last week's story. this week we'll be talking about whether president obama steps it up. >> good morning, ramdi. the debate anne is well underway, and up next is perhaps the most interesting of the three presidential debates we'll get to see. why? because of the undecided voters asking the questions. >> round from, president obama and mitt romney face off in their second debate wednesday. a town mall moderated by cnn's candy crowley who says the format presents unique challenges for candidates. >> the challenge is they have to connect with pe
. >> he said but by the end of his first term he would cuff the deficit in half. >> oh! >> and, yet, he still has not put a single credible plan on the table on how to deal with the debt crisis. >> oh, god, i'm sorry. martha, with all due respect, this is a bunch of mularke wr. >> a bunch of bulaey. >> what does that mean? >> ah, it's irish. >> irish is i come over and smack that dumb look off your face. >> pretty funny stuff. the vice...
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we're going to close loopholes, bring down tax rates the and bring down the deficit. >> can you please be more explicit? >> no. >> he said answer this question and answered it this way. women have to do that. you don't say to your husband, maybe we should go out new england weekend. no, you say, hey, we're going to dinner friday night with my sister and her husband, be ready by 7:00 and shave the back
we're going to close loopholes, bring down tax rates the and bring down the deficit. >> can you please be more explicit? >> no. >> he said answer this question and answered it this way. women have to do that. you don't say to your husband, maybe we should go out new england weekend. no, you say, hey, we're going to dinner friday night with my sister and her husband, be ready by 7:00 and shave the back
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he said by the end of his first term he would cut the deficit in half. >> ohhh! >> yet he still does not put a credible plan on the table had to deal with the debt crisis. >> i'm sorry, this is a bunch of malarkey. >> does that mean? >> its irish. >> no, iris is i smack the dumb luck of your face. host: that was the "saturday night live"skits last night. we all know -- we will now go to seize than radio. >> thank you. today and the network tv talk shows covered topics include the vice-presidential debate, the presidential campaign, the lame- duck congress and the latest attack on the u.s. consulate in libya. c-span will re-air is program starting at noon. among the guests on "meet the press" will be republican governor bob mcdonnell of virginia. at 1:00 p.m., the guests include ohio republican senator rob portman and a delaware attorney general and some of the vice president and martha raddatz of abc news. at 2:00 p.m., it is "fox news sunday." the guests will be david axelrod enron gillespie. "state of the union" as at 3:00. she will have robert gibbs and a seni
he said by the end of his first term he would cut the deficit in half. >> ohhh! >> yet he still does not put a credible plan on the table had to deal with the debt crisis. >> i'm sorry, this is a bunch of malarkey. >> does that mean? >> its irish. >> no, iris is i smack the dumb luck of your face. host: that was the "saturday night live"skits last night. we all know -- we will now go to seize than radio. >> thank you. today and the network tv...
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he said that by the end of his first term, he could cut the deficit in half, and yet he still -- >> everybody is loving it here. weekend update also made fun of vice president bideen's energy levels at the debate. seth meyers said that paul ryan prepared by studying policy, and vice president biden drank a lot of red bull. >> i this that was all natural. >> that will wrap it up for today, we'll be back in 25 minutes with another local news update.
he said that by the end of his first term, he could cut the deficit in half, and yet he still -- >> everybody is loving it here. weekend update also made fun of vice president bideen's energy levels at the debate. seth meyers said that paul ryan prepared by studying policy, and vice president biden drank a lot of red bull. >> i this that was all natural. >> that will wrap it up for today, we'll be back in 25 minutes with another local news update.